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Fleming is not alone. Frank Yeary, Citigroup's former head of mergers and acquisitions, left the bank last summer to become a vice chancellor at the University of California, Berkeley. Apparently, Yeary's boss at the time was a little jealous. A month later, Citi's head of investment banking, Michael Klein, left for Princeton University. Harvard has nabbed a top Wall Streeter as well: Edward Frost left the job of Goldman Sachs' head of investment management to join that school as executive vice president. (See pictures of 10 cities that are hiring at LIFE.com...

Author: /time Magazine | Title: Wall Street's Elite Head to Campus — for Jobs | 4/21/2009 | See Source »

...Spanish leader last week. On April 16, French daily Libération reported that Sarkozy had described Zapatero as "not very clever" during lunch with a group of legislators the previous day. According to the paper, he also made belittling comments about U.S. President Barack Obama and German Chancellor Angela Merkel, landing himself in the middle of an embarrassing international press frenzy. Addressing Sarkozy's remarks, Royal said on April 18 that she'd written to friend and fellow Socialist Zapatero begging his pardon for the slight, and stressing that "those statements represent neither France nor the French people". (Read...

Author: /time Magazine | Title: Ségolène Royal: Sorry for Sarkozy Remarks | 4/20/2009 | See Source »

...American President Barack Obama. During a lunch with a group of French legislators Wednesday, Sarkozy reportedly described Obama as inexperienced, ill-prepared by advisers, and thus far "not always up to standard on decision-making and efficiency." And those turned out to be relatively kind words. Sarkozy said German Chancellor Angela Merkel had been reluctantly forced by economic realities to copy his own policies for dealing with the recession. Spanish Prime Minister Jose Luis Rodriguez Zapatero, said the French President, was simply "not very clever." (Read why Jacques Chirac is more popular than Sarkozy...

Author: /time Magazine | Title: Sarkozy's Comments on Leaders Draw Shock, Denial | 4/18/2009 | See Source »

...Michelle Rhee, Chancellor of Education, is tackling classroom challenges...

Author: /time Magazine | Title: How to Raise the Standard in America's Schools | 4/15/2009 | See Source »

...tone was set from Obama's first public remarks in London on Wednesday, at a press conference with Prime Minister Gordon Brown, where the American President said he had come "to listen, not to lecture." At a joint appearance with German Chancellor Angela Merkel in Baden-Baden on Friday, a German reporter asked Obama about his "grand designs" for NATO. "I don't come bearing grand designs," Obama said, scrapping the leadership role the U.S. maintained through the Cold War. "I'm here to listen, to share ideas and to jointly, as one of many NATO allies, help shape...

Author: /time Magazine | Title: Barack Obama's New World Order | 4/3/2009 | See Source »

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